8720 Castle View AveLas VegasNV89129
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Las Vegas at 8720 Castle View Ave, Las Vegas, NV, 89129 offers $5,546/mo rent that, after a $3,916/mo payment, leaves $728/mo cash flow. Total monthly income is $5,546/mo, and annual cash flow is $8,733/yr on $263,200 cash. Return on cash invested measures 23.38% in year one, and rental yield stands at 8.32% at a $800,000 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 121.19% and total cumulative return in cash reaches $318,968. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,546/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
$179 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89129, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,474 (100%) |
| Owner Occupied HU | 13,904 (64.7%) |
| Renter Occupied HU | 6,850 (31.9%) |
| Vacant Housing Units | 720 ( 3.4%) |
| Median Home Value | $472,146 |
| Average Home Value | $538,871 |
Housing Distribution
Address Breakdown
Residential
21,206
Single Family
17,597
Multi-Family
3,609
Businesses
445
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Nearby investment properties with comparable prices
Listed by: Cheryl A. Van Elsis • Redfin
Mls Name: GLVAR
Mls Provider:
Mls ID: #2655007
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